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Gold/Mining/Energy : Naxos Resources (NAXOF)

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To: Larry Macklin who wrote (8752)1/31/1998 9:06:00 PM
From: Chuca Marsh   of 20681
 
Larry and All; that is the or A problem in the next few weeks. Think of this, Ron posted on his desert dirt wed page last a month this list of desert dirst trying to get the metals:
CURRENT LIST of DESERT PLAYERS
Prices as of December 12 $Cd/$US exchange at .70

Company Shares Out Price Market Cap $US

Int. Precious, IPMCF Nasdaq 21M 1.06US $22,260,000

Naxos, NAXOF Nasdaq 29.0 7.25US $210,250,000

LS Capitol, CHIP Nasdaq BB 12.2M 0.66US $ 8,052,000

Global Platinum, GPGI Nasdaq BB 21M 1.34US $ 28,140,000

Cnd. Mining Company, CNA Alberta 9.1 0.45 $ 2,867,000

Maxam Gold, MXAM Nasdaq BB 45M 0.40 $ 18,000,000

US Power Systems USPS Nasdaq BB 43.5M 0.09 $ 3,915,000

MG Gold, MGAU Nasdaq BB 8.5M 0.50 $4,250,000

Golden Thunder GTH on VSE 2.5M 0.20 $500,000

Note: Nasdaq BB is Nasdaq Bulletin Board

******************** DESERT UPDATES ************************
RSA SITUATIONS/SPECULATIONS Desert Section Volume 1#20 Dec 16/97
4-1565 16th St. E. Suite #221 Owen Sound, Ontario, Canada N4K 6X8

resource@sentex.net Yearly subscription $149 cdn/year $119 US
SO we have 9 companies out there, any of whom may be on a breakthrought within the months or so time frame.....and that has to be put in the equation. So I ask you all, what would happen if a FEW of the desert Dirts at the same MONTH TIME parameter, came THROUGH with that needed news, COC in many cases, Numder Of Dollar Payments in another. I suspect such a scenerio is possible this winter and it will hamper the moves of the UPWARD PARBOLIC GRAFTS that we all saw last year. I hope I am wrong, but maybe the fear part of the equation is in me with the greed. So, I say ..double anyway from all current levels of the nine..more than that is an extra. IMO. Cat with nine tails. Or is it lives??? ? Hungry Lion and his friends have changed this metals market with added fear and a dash of self greed.
Chuca
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